Cloud adoption: the key to agile change
What does agility actually mean in practice for the post-trade market?
Outsourcing
AWS goes all the way with Ellie Mae
That would be a story. This is about moving to a cloud infrastructure.
IBM and BearingPoint bopping with regtech BPO offering
Duo targets SME market with business process outsourcing.
Blockchain fatigue? A brief look at the Trade Information Network venture
This network does not use distributed ledger tech, but relies on CGI’s SaaS platform.
Temenos covets cloud cover with NuoDB investment
Vendor ups cloud and container-native database technologies.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
Morgantown Bank & Trust in core banking tech revamp with CSI
The bank is moving to CSI’s NuPoint core banking system, delivered on a hosted basis.
Talend seeks some data talent in Stitch acquisition
Stitch will be rebranded as Stitch Data Loader.
DTCC starts testing phase of blockchain platform
Project includes 15 of the world’s largest banks.
Quadient’s new tool accelerates insurance claims process
Quadient Correspondence is a new subscription-based, Software-as-a-Service (SaaS) solution.
POPin Video Banking Collaboration unveils new brand and clients
“The industry’s first interactive mobile video banking solution” is now known as POPio Mobile Video Cloud.
Mechanics Bank outsources core banking tech to COCC
COCC’s hosted core processing platform – Insight – is based on Fiserv’s DNA offering.
White paper: Real-Time Risk Analytics, Management and Compliance with In-Memory Computing
In-memory speed, unlimited horizontal scalability and broad integration to support any future needs.
Central 1 and Backbase unveil new digital banking platform Forge
Alterna Bank and FirstOntario Credit Union are the first takers of Forge.
Red Hat to be acquired by IBM in “game changing” $34bn deal
With the acquisition of Red Hat, IBM will become the world’s #1 hybrid cloud provider.
NCR steps into payments with $184m JetPay acquisition
NCR and JetPay anticipate “a smooth transition” for customers, channel partners and employees.
IBM unveils Open Banking Platform
When a rip and replace strategy is not a viable option.
Cloud based payments-as-a-service enters the mainstream
Banks are becoming increasingly comfortable with the concept of outsourced technology services.
Finastra targets smaller banks with cloud-based paytech
Based on the Microsoft Azure cloud, Fusion Global Payplus will be available in Q2 2019.
FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
OnDeck launches Platform-as-a-Service subsidiary, ODX
Helping banks digitise their SME lending efforts with software, analytic insights and professional services.
Native American Bank in tech overhaul with Jack Henry’s Silverlake
Jack Henry’s Silverlake core banking system will be delivered on a hosted basis.
Interview: Peter Hainz, SmartStream – wave goodbye to the risks
Taking all the pain away for banks when it comes to intraday liquidity risk.
Lighter Capital perks up capital client programme
Business tools and service offerings for start-ups funded by US firm.
Kooltra coolly collects $5m funding for FX automation
Canadian cloud platform plans UK and US expansion.
Fiserv and DadeSystems unleash automated A/R
Making account receivables less manual.
Fiserv scores three core banking tech clients in Canada
Crosstown Civic CU, Noventis CU and IC Savings sign for Fiserv’s DNA platform.
iSignthis acquires core banking tech vendor Probanx for €400,000
iSignthis paid €300,000 in cash and €100,000 in shares for Probanx.
TransPecos Bank launches new digital brand, outsources tech to Nymbus
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.
Infosys to acquire Fluido for $76m
Tech firm to buy cloud advisory and consulting services company.
SS&C to acquire fintech data provider Intralinks for $1.5bn
Acquisition brings cloud-based virtual data rooms for banking clients.
Case study: Live Oak Bank and Finxact – riding the second wave
The US, in particular, is in urgent need of new core offerings to support next generation digital banking.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
Life’s Alight for Wipro with $1.5bn deal
Indian firm reveals record ten-year deal with Illinois-based Alight Solutions.
Dfinity raises $105m funding for blockchain supercomputer dream
Sees itself as “The Internet Computer”.
Kony partners with Payveris on digital money movement
Includes P2P and A2A payments, bill pay, and fraud mitigation.
NASA jets in to help Entrust Datacard security
Entrust’s authentication fuelled by Jet Propulsion Laboratory (JPL).
First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
